Tuesday 09/03/13

Spot ethanol prices were mixed in lackluster early trade Tuesday, as traders weighed lower Chicago Mercantile Exchange corn futures against tight supply in some regional hubs. An increase in short-term demand for physical product at a time of limited supply lifted spot prices in the New York Harbor, while buying interest eased in the Chicago area after traders satisfied immediate supply requirements, trade sources said.

Tomorrow transfer ethanol at Argo situated east of Chicago traded at $2.71 gallon, and was subsequently talked near $2.70, down 7 cents, while a prompt barge delivery for receipt at Linden, N.J., which is part of the New York Harbor, traded at $2.75 gallon, up 5 cents.

Mon Feb 23, 2015 07:08 PM CSTTrade in nearby and deferred ethanol futures has turned lower over the last couple of weeks with traders backing away from the idea that growing driving demand will help to solidify the recently weak market.

Tue Feb 17, 2015 04:31 PM CSTEthanol futures have become much more stable through the first half of February as traders continue to focus on the potential to set the stage for what could become a more stable and narrowly traded price range.